Why is Meter Instruments Co., Ltd. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of -1.75% and Operating profit at -17.79% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 12.03% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of -1.75% and Operating profit at -17.79% over the last 5 years
3
Flat results in Sep 25
- INTEREST(HY) At CNY 0.01 MM has Grown at 75.88%
- INTEREST COVERAGE RATIO(Q) Lowest at 111,764.02
4
With ROE of 6.59%, it has a very attractive valuation with a 1.82 Price to Book Value
- Over the past year, while the stock has generated a return of 19.12%, its profits have risen by 5.1% ; the PEG ratio of the company is 5.5
How much should you hold?
- Overall Portfolio exposure to Meter Instruments Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Meter Instruments Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Meter Instruments Co., Ltd.
19.12%
1.16
36.30%
China Shanghai Composite
16.01%
1.07
14.97%
Quality key factors
Factor
Value
Sales Growth (5y)
-1.75%
EBIT Growth (5y)
-17.79%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.44
Sales to Capital Employed (avg)
0.29
Tax Ratio
11.63%
Dividend Payout Ratio
34.75%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
21.73%
ROE (avg)
12.03%
Valuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
Price to Book Value
1.82
EV to EBIT
24.49
EV to EBITDA
20.82
EV to Capital Employed
2.50
EV to Sales
4.61
PEG Ratio
5.45
Dividend Yield
NA
ROCE (Latest)
10.20%
ROE (Latest)
6.59%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
2What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 106.99 MM
-10What is not working for the Company
INTEREST(HY)
At CNY 0.01 MM has Grown at 75.88%
INTEREST COVERAGE RATIO(Q)
Lowest at 111,764.02
Here's what is working for Meter Instruments Co., Ltd.
Operating Cash Flow
Highest at CNY 106.99 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Here's what is not working for Meter Instruments Co., Ltd.
Interest
At CNY 0.01 MM has Grown at 75.88%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Interest Coverage Ratio
Lowest at 111,764.02
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest






